distributions be reinvested or taken as cash?

And yes I believe we are so close on my stuff I am calling it a match.

Originally posted in thread: 10905

portfolio software treats dividends or distributions, Santa, but however they do that (I hadn't considered that contingency to be honest about it) for simplicity's sake and to make the playing field level for all I'd prefer to simply go by whatever treatment protocol they use unless someone has a compelling objection to that.

Peace and love,

Flakey

Originally posted in thread: 10905

my stuff taking distributions in cash is easier.
I am not sure what M* does either.

Originally posted in thread: 10905

Regarding M*'s portfolio, here's what ljoneill2 wrote me in this thread (#17):

Unfortunately, I don't think you should trust M*'s arithmetic. Check out conversation #6763 in the Morningstar.com forum. Here's what M*_Scott had to say:

"Hi! Sorry it took us so long to get back to you. You are correct in your assumptions about how this number is calculated. We basically look at the returns of the portfolio's holdings, multiply those by the current holding percentage, then add them together to get a weighted average. This is meant to be a 'transaction-neutral' piece of information, basically saying that, if you invested at your current weightings at the beginning of the time period and those weightings were static, you would have experienced a return matching the return we show. Sorry if you find this misleading; it was only meant to give customers an idea of what their overall portfolio return would be given the assumptions above. For a more specific and real-world scenario, check out our MyPerformance section in Portfolio Manager. That is probably much closer to what you are looking for."

So in essence, this overstates the portfolio impact of your winners and understates the impact of your losers. Bad times...unless you're getting something I'm not. I've tried it in both Watchlist and Transaction portfolios, and the only good idea of performance I get is from the "My Performance" section within the Transaction portfolio.

Luke

For a while, I tried using a M* transaction portfolio. Dividends had to be entered manually. Therefore my experiment didn't last long.

Regards.

Originally posted in thread: 10905

'My Performance' (using 8/27/07 as the initial start date) as well in tracking our portfolios. I just hope our players don't engage in a lot of trading over the three years as this will make it a real nightmare to follow.

Peace and love,

Flakey

Originally posted in thread: 10905

should we report out intent before hand here on this thread?

Originally posted in thread: 10905

they are made, Santa. I believe Munchie and I stated that tax consequences should be reported also; I suggest using the 28% tax bracket.

Flakey

Originally posted in thread: 10905

I will try to do buy and hold

Originally posted in thread: 10905

Greetings To All:

The Munchkin Man herewith reiterates and reaffirms his commitment to maintain his entire contest stock portfolio, for better or for worse, throughout the duration of this contest, as a buy and hold portfolio, without any trades whatsoever.

If one of the Munchkin Man's contest stock selections proceeds to plummet down into oblivion, with a loss of 100%, as its company goes bankrupt and/or out of business, so be it.

Those are the breaks.

Good luck to all.

Best Wishes,

Munchkin Man

Originally posted in thread: 10905

where is the end of the week update?

PLEASE....
:)

Originally posted in thread: 10905

I originally stated I'd post results monthly but I don't mind posting them weekly if no one else has objection. Remember that week-to-week results are fairly insignificant, folks. Current portfolio totals as of the close today are:


Roger........$9927.38

Santa........$9904.59

Flakey.......$9851.90

Munchie......$9828.84

Ted..........$9719.51, and

Dry..........$9589.70


VTSMX, proxy for the Wilshire 5000 total stock market index declined -1.29% for the past week since last Friday's close. FYI.

See y'all next week, same time, same station, folks. (-:

Good luck!

Peace and love,

Flakey

Originally posted in thread: 10905